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AUDNZD showing early exhaustion signs

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
Shingi_Lesetedi  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Technical Indicators Chart Patterns
3
0
trendanalysis indicator chartpattern
Price slowed down after nearing an important support trendline which has held as support as far back as April 2015. Price is also at a key support area which has been well respected before. Instead of calling the bottom, one could wait for a clear break of price structure before looking to ride a possible uptrend.
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